{"url":"https://etfiq.com/compare/buffer/pbja-vs-pmja","section":"compare","title":"PBJA vs PMJA: Cap, Buffer & Days Left | ETFIQ","description":"As of Nov 4, 2026 PBJA can gain 1.9% before its cap and PMJA 1.4%. Each can fall 7.8% and 4.9% before its buffer engages, on SPY.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, PBJA or PMJA?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Nov 4, 2026, PBJA can gain about 1.9% before its cap and PMJA about 1.4%, so PBJA has more room left this period."}},{"@type":"Question","name":"Which resets first, PBJA or PMJA?","acceptedAnswer":{"@type":"Answer","text":"PBJA ends its outcome period on Dec 31, 2026 and PMJA on Dec 31, 2026. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, PBJA or PMJA?","acceptedAnswer":{"@type":"Answer","text":"PBJA and PMJA both charge 0.50% a year, so neither is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"PBJA vs PMJA","item":"https://etfiq.com/compare/buffer/pbja-vs-pmja"}]},{"@type":"WebPage","name":"PBJA vs PMJA: Cap, Buffer & Days Left","description":"As of Nov 4, 2026 PBJA can gain 1.9% before its cap and PMJA 1.4%. Each can fall 7.8% and 4.9% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/pbja-vs-pmja","dateModified":"2026-11-04","abstract":"As of Nov 4, 2026 PBJA can fall 7.8% before its buffer engages and PMJA 4.9%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of PBJA and PMJA","description":"As of Nov 4, 2026 PBJA can gain 1.9% before its cap and PMJA 1.4%. Each can fall 7.8% and 4.9% before its buffer engages, on SPY.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/pbja-vs-pmja","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6393,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / PBJA vs PMJA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n PBJA vs PMJA: Cap, Buffer & Days Left\n\n As of Nov 4, 2026 PBJA can fall 7.8% before its buffer engages and PMJA 4.9%.\n Copy this for sharing \n \n Both cost 0.50% a year; their one-year returns differ by 3.9 points; PBJA is 12.1 times larger.\n PBJA and PMJA at a glance. As of Nov 4, 2026. Source: ETFIQ. PBJA PMJA \n Expense ratio 0.50% 0.50% \n Net assets $68m $5.6m \n Total return, 1 year +9.8% +5.9% \n What it tracks SPY SPY \n Holdings in common not published \n \n Net assets on N","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, PBJA against PMJA, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pbja-vs-pmja","a":{"ticker":"PBJA","name":"PGIM S&P 500 Buffer 20 ETF - January","issuer":"PGIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Jan 1, 2026, PBJA returned 7.9%, against SPY's 12.4% price return. It can gain 1.9% more before its cap.","url":"https://etfiq.com/funds/pbja","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"1.9%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"7.8%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"57","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$68m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-11-04","source":"issuer data, Nov 4, 2026"}]},"b":{"ticker":"PMJA","name":"PGIM S&P 500 Max Buffer ETF - January","issuer":"PGIM","desk":"buffer","as_of":"2026-11-04","verdict":"Since Jan 1, 2026, PMJA returned 4.7%, against SPY's 12.4% price return. It can gain 1.4% more before its cap.","url":"https://etfiq.com/funds/pmja","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"1.4%","as_of":"2026-11-04","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"4.9%","as_of":"2026-11-04","source":null},{"label":"Protection left, index points","value":"100.0%","as_of":"2026-11-04","source":null},{"label":"Days to reset","value":"57","as_of":"2026-11-04","source":null},{"label":"Net assets","value":"$5.6m","as_of":"2026-11-04","source":"issuer page, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-11-04","source":"issuer data, Nov 4, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/pbja-vs-pmja"}